Neola Medical (Sweden) Price on November 27, 2024
| NEOLA Stock | 2.20 0.08 3.51% |
If you're considering investing in Neola Stock, it is important to understand the factors that can impact its price. As of today, the current price of Neola Medical stands at 2.20, as last reported on the 30th of November, with the highest price reaching 2.26 and the lowest price hitting 2.20 during the day. Neola Medical AB has Sharpe Ratio of -0.0943, which conveys that the firm had a -0.0943% return per unit of risk over the last 3 months. Neola Medical exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Neola Medical's Standard Deviation of 4.43, mean deviation of 3.09, and Risk Adjusted Performance of (0.06) to check out the risk estimate we provide.
Neola Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Neola |
Sharpe Ratio = -0.0943
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Estimated Market Risk
| 4.46 actual daily | 39 61% of assets are more volatile |
Expected Return
| -0.42 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Neola Medical is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Neola Medical by adding Neola Medical to a well-diversified portfolio.
Neola Medical Valuation on November 27, 2024
It is possible to determine the worth of Neola Medical on a given historical date. On November 27, 2024 Neola was worth 2.76 at the beginning of the trading date compared to the closed value of 2.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Neola Medical stock. Still, in general, we apply an absolute valuation method to find Neola Medical's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Neola Medical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Neola Medical's related companies.
| Open | High | Low | Close | Volume | |
| 2.90 | 2.90 | 2.72 | 2.72 | 24,940 | |
11/27/2024 | 2.76 | 2.76 | 2.40 | 2.40 | 56,162 |
| 2.48 | 2.54 | 2.18 | 2.28 | 61,096 |
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Neola Medical Trading Date Momentum on November 27, 2024
| On November 28 2024 Neola Medical AB was traded for 2.28 at the closing time. The highest price during the trading period was 2.54 and the lowest recorded bid was listed for 2.18 . The volume for the day was 61.1 K. This history from November 28, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 5.00% . The trading delta at closing time to the current price is 7.50% . |
Neola Medical AB Fundamentals Correlations and Trends
By evaluating Neola Medical's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Neola Medical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Neola financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Neola Medical Stock history
Neola Medical investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Neola is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Neola Medical AB will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Neola Medical stock prices may prove useful in developing a viable investing in Neola Medical
Neola Medical Stock Technical Analysis
Neola Medical technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Neola Medical Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Neola Medical AB cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Neola Medical November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Neola Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Neola Medical shares will generate the highest return on investment. By undertsting and applying Neola Medical stock market strength indicators, traders can identify Neola Medical AB entry and exit signals to maximize returns
Neola Medical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Neola Medical's price direction in advance. Along with the technical and fundamental analysis of Neola Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Neola to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.47) | |||
| Total Risk Alpha | (1.14) | |||
| Treynor Ratio | (0.82) |
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Additional Tools for Neola Stock Analysis
When running Neola Medical's price analysis, check to measure Neola Medical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Neola Medical is operating at the current time. Most of Neola Medical's value examination focuses on studying past and present price action to predict the probability of Neola Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neola Medical's price. Additionally, you may evaluate how the addition of Neola Medical to your portfolios can decrease your overall portfolio volatility.